Post by
Scorpio2 on Jan 02, 2021 12:54pm
Free Trading Share Effect?
with 50 million shares free trading as of Dec 17/20 does anyone have a sense as to how these shares have been or will be digested by the marketplace? Looks like the shorters have placed their bets and are looking for lower prices.
Comment by
Heywood_Silvers on Jan 02, 2021 1:48pm
Only an idiot would short silver as we are in the early innings of this precious metals bull market. Mark my words, SSV will be one of the best performers in 2021. Watch Larry Page's 6 minute CEO clip: https://www.youtube.com/watch?v=CXx-VTPCK8c Listen to what he plans to do for the shareholders and the Page family.
Comment by
Scorpio2 on Jan 03, 2021 12:28am
Inca, what do you mean when you say "what shorters" ? Guess you are obviously not aware that there are 4.5 mm shares that remain as outstanding shorts. That is not an insignificant amount. Someone is betting that for whatever reason, the price is going lower.
Comment by
Inca2020 on Jan 03, 2021 1:29pm
on 221 million shares out... 4.5M shares or $2.25M CAD is a very small amount. I could give a number of reasons why there are any shorts but certainly it's not enough to even warrant attention.